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Technology Stocks : Stock Swap
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To: Patrick Slevin who wrote (9513)11/10/1997 12:35:00 PM
From: Trader X  Read Replies (1) of 17305
 
Pat, comparing '29 to '97.

It should be noted that in the comparision, the market went up by a ratio of 3.12:1 in the period up to 1929, whereas the recent market climb has been 2.5:1. So while the chart makes the two periods LOOK identical, they are actually off by a whooping 25% in actual point rise ratios.

Just the facts, m'am.
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